Research output: Contribution to Journal/Magazine › Journal article › peer-review
<mark>Journal publication date</mark> | 1/12/2003 |
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<mark>Journal</mark> | Operations Research/ Computer Science Interfaces Series |
Volume | 22 |
Number of pages | 19 |
Pages (from-to) | 85-103 |
Publication Status | Published |
<mark>Original language</mark> | English |
In this paper we study the stochastic batch sizing problems. We provide a unifying treatment of the problem, in which we formulate a multi-stage recourse problem as well as a probabilistically constrained problem. The solution approach that we adopt for these problems may be classified as a branch and price (B&P) method. Through our computational experiments turns out that the proposed B&P methodology is quite effective for the recourse constrained model. We also demonstrate how tradeoffs between cost and reliability can be investigated for the stochastic batch-sizing problem.